4 ms·
Strictly speaking, the big A.I. companies _want_ the public to own half of them. Passively. In index ETFs in their 401(k)s and other retirement portfolios. That
by Arubis 4mo ago
Strictly speaking, the big A.I. companies _want_ the public to own half of them. Passively. In index ETFs in their 401(k)s and other retirement portfolios. That way the get all the money without any of the actual influence.
- deleted 4mo ago[deleted]
- triceratops 4mo agoSure but they want the public to pay for the privilege of owning half.
- Arubis 4mo agoOh yes. Very much so. And ideally without thinking or actively having to choose—hence the get-on-the-index-funds angle.